Regs.gov: Office of Thrift Supervision

Community Reinvestment Act Regulations Revisions

The OCC, Board, FDIC, and OTS have issued a joint final rule revising the Community Reinvestment Act (CRA) regulations. The revisions expand the definition of 'community development' to include activities supporting the Neighborhood Stabilization Program (NSP), providing favorable CRA consideration for such activities that benefit low-, moderate-, and middle-income individuals and geographies.

Rule: Prohibited Service at Savings and Loan Holding Companies

The Office of Thrift Supervision (OTS) has issued a final rule amending its regulations concerning prohibited service at savings and loan holding companies (SLHCs). This rule reinstitutes a temporary exemption for individuals who held positions with an SLHC as of the enactment of Section 19(e) of the FDIA, extending its expiration date to December 31, 2012.

Community Reinvestment Act Regulations: Technical Amendment to Asset Thresholds

The OCC, Board, FDIC, and OTS jointly issued a technical amendment to their Community Reinvestment Act (CRA) regulations. This amendment adjusts the asset-size thresholds used to define 'small bank' and 'intermediate small bank' based on the annual percentage change in the Consumer Price Index.

OTS Proposed Rule on Basel II Capital Standards

The Office of Thrift Supervision (OTS) has proposed amendments to its advanced risk-based capital adequacy standards to align with the Dodd-Frank Act. The proposal also seeks to provide limited flexibility in general risk-based capital rules for certain assets not typically held by depository institutions.